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The Casper FFG upgrade will decrease the rate of Ethereum inflation.

Posted on 2018-04-23

The famous cryptocurrency Ethereum can become more hard to obtain. The reason is the nearest performance of the first stage of upgrading of Casper the Friendly Finality Gadget (FFG).

The upgrading will take place in autumn of this year. As Trustnodes informes, after some months of testing the Ethereum developers approved parameters of upgrade. I will give the opportunity to Parity and Geth clients to start implementation and testing of Casper FFG. It implies the introduction of hybrid mechanism of Proof-of-Work (PoW) / Proof-of-Stake (PoS) consensus. As previously reported, within implementation of Casper FFG the amount of award for PoW-miners will decrease, from 3 ETH to 0,6 ETH (about 80%). The Ethereum developers are planning the complete transfer of their product to PoS mechanism. Thus, the performance of this project will decrease the rate of Ethereum inflation. After Casper FFG implementation the inflation level will be insignificant.